Tesla Faces Challenges Amid Tariff Chaos and Sales Declines

Tesla Faces Challenges Amid Tariff Chaos and Sales Declines
Tesla is experiencing significant challenges, including a drop in Q1 sales and protests impacting its public image. CEO Elon Musk reflects on the company's near-bankruptcy moments as competitors capitalize on Tesla's struggles with enticing trade-in deals. New tariffs announced by Trump may provide some respite, but concerns remain about their impact on Tesla's energy-storage business. Meanwhile, rival automakers are adjusting strategies to boost their sales. The future of Tesla's robotaxi service in Austin is uncertain, coupled with safety concerns regarding its autonomous technology.